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Lagos Loses N4trn Yearly To Traffic Congestion

by Silverbird News24

Lagos loses N4tn yearly to traffic congestion

According to recent research by the Danne Institute for Research, the commercial hub of Nigeria is losing a staggering N4 trillion annually, attributed to profound traffic congestion.

This was revealed on Wednesday in a recent study conducted by the Danne Institute for Research.

According to the Executive Director of the Danne Institute for Research, Franca Ovadje, the staggering loss could otherwise be directed towards vital sectors such as education, healthcare, and infrastructure development.

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